Economy

"Bisrabek" opens a new business: "Looking for a franchisee, come make money"
After transforming from an internet star into a successful restaurant chain in Tel Aviv, Jerusalem, and Be'er Sheva, Mitar Saadun has reached out to residents of Holon in search of a franchisee for a new branch: "Whoever is serious, talk to me, come make money."

Vladimir Putin's crypto revolution: the move that will change the rules of the game
Russia approves for the first time a legal framework for the trading and mining of digital currencies, but blocks the possibility of using them within the country and grants banks unprecedented enforcement powers.

Golf: How the weak dollar boosted profit by 180%
The net profit of the Golf group jumped to 15.6 million shekels, the stock has already risen more than 20% this year, and the company continues to distribute dividends. However, there is a factor hidden in the reports that controls the picture and may pose a risk. What investors must understand before getting carried away by the headline.

Ormat beat analyst expectations and raised its annual forecast
Ormat Technologies reported second-quarter results that exceeded analyst expectations for both profit and revenue. Following these positive results, the company raised its revenue forecast for 2026.

On the way to $1.2 billion: Ormat is taking over new markets
The geothermal energy producer is raising its annual forecast to up to $1.2 billion following strong second-quarter reports, alongside an unusual jump of almost 200% in its energy storage activity worldwide.

Rami Levy with a market-breaking offer: children's product for only 189.90 NIS
The retail chain is expanding its non-food promotions and is offering a children's trampoline at a market-breaking price, in addition to a set of folding chairs and a writing desk at unprecedented prices published earlier this week | All the details

Sustainability, Trust and Resilience: The New Engines of Business Success
The successful businesses of 2026 will not necessarily be the fastest, but those that know how to build trust, resilience, and adaptability in a changing reality and conditions of uncertainty.

Israeli Company That Lost 83% Since IPO Surges 35% Following Earnings
Kaltura is worth less than a fifth of its 2021 IPO valuation and had previously sought an acquisition. Recent earnings reports have shifted the narrative, at least for now. What is driving the surge, and what risks remain?

Rami Levy, Victory and Carrefour: The same shopping basket with a difference of almost 1,000 shekels
A massive check of 148 products in seven digital retail chains reveals huge differences of tens of percent, with the gap between the first and last place reaching over 900 shekels for the exact same basket.

National Insurance Institute: Child allowance payments scheduled for August 20
All parents of children up to age 18 are entitled to a monthly payment from the National Insurance Institute. Learn how the amounts are calculated, when funds are transferred, and when an application is required.

July breaks records: how much money did Israelis spend at the start of the summer?
Data from the Shva company points to a sharp jump and record credit card spending this month, alongside a record-breaking cash withdrawal amount — at a level not seen since the outbreak of the war. The sharp increase was recorded in the leisure, food, and restaurant sectors, while the aviation and tourism industries recorded an opposite trend.

Ahead of the trading opening: The Israeli company that crashed 30% yesterday
El Al doubled its profits and surged yesterday, but energy dragged Tel Aviv down. On Wall Street, the Dow hit a record, but AMD disappointed, and SpaceX plunged 13%. The major Israeli company crashed due to a weak forecast. What is expected today?

Profit Surge Leads to 20 Million Shekel Dividend Distribution
Israeli credit firm Yaakov Finance reports a strong quarter with increased financing revenues and high return on equity, resulting in a significant dividend payout for shareholders.

Family Office for the Masses
Artificial intelligence is poised to become a personal financial agent for everyone, bridging the gap between private investors and the sophisticated financial tools previously reserved for the wealthy.

Five things to know before the trading day
Trading in Tel Aviv is expected to open against a backdrop of heavy pressure in the technology sector worldwide. Trading in Asia is under pressure and futures on Wall Street are mixed. Mixed results and drama in the earnings season of Israeli companies in New York. A warning light for the US economy: the labor market is cooling sharply - but wage pressures are increasing. The profit boom on Wall...

Tax Authority document reveals: jump in the number of wealthy people leaving Israel
A new study by the Tax Authority indicates a sharp change in the profile of Israelis moving abroad: the rate of departures from the top decile has risen by about 80%, and the number of those leaving the high-tech and healthcare sectors has more than doubled. The taxes paid by those leaving before their departure reached about 1.2 billion shekels per year. Simultaneously, the number of people...

National Insurance Institute: August Benefit Payment Schedule
Starting August 12, the National Insurance Institute will begin distributing the first benefits of the month. Some recipients will see increased amounts following index updates, and certain payment dates have been adjusted due to the calendar.

Eitan Yohananoff breaks the market: sought-after products starting at 199 shekels
Competition between retail chains is intensifying as the Yohananoff chain offers major brands like Ninja, Tefal, and Roborock at unprecedented prices, including a vacuum cleaner for 199 shekels and a slushie machine for 699 shekels.

Revenue of $122.7 Million: Significant Growth for Gilat
With a 17% increase in revenue and new contracts in the in-flight internet sector, the company reports strong second-quarter results and progress on a major defense acquisition.

Satellite internet giant on the brink of collapse: massive debts and competition from Elon Musk
Veteran satellite internet provider Hughesnet has filed for bankruptcy protection after losing hundreds of thousands of subscribers to Starlink. The company faces $1.5 billion in debt and struggles to compete with newer satellite technology.

Top market leaders in urban renewal revealed
Which companies dominate the urban renewal sector? New data shows that a number of key players control the market in the Sharon area.

El Al's Frequent Flyer Program Under Threat: Tax Authority Plans Crackdown
Benefits worth millions of dollars accumulated from business purchases flow directly into the pockets of executives. However, a potential tightening of tax enforcement could shake the profitability model of major Israeli loyalty programs, primarily El Al's frequent flyer club.

Tourism Crisis Hits Israel: Stock Declines and Plummeting Visitor Numbers
Tourism in Israel has been in a deep crisis since October 7, 2023, with the number of tourists entering the country between January and July 2026 totaling only 430,000, compared to 1.95 million in the same period in 2019, the peak year. The sector, once a sought-after investment, has become a source of losses for investors, contrasting with the overall market trend.

Market status: declines in Asia this morning, Israeli stocks wipe out over $1 billion, and a warning from Jamie Dimon
Globes presents the latest global market update. This morning, Asian markets are falling, led by South Korea. Wall Street and oil prices remain stable. Taboola and SolarEdge have lost over $1 billion in value, while JPMorgan CEO Jamie Dimon warns of hidden leverage risks.

HOT Demanded 1,000 Shekels from a Customer Who Disconnected 11 Years Ago
Nitzan Kidar terminated her contract in 2015, yet HOT kept her registered as a subscriber until 2024. Following an inquiry by mako, the company canceled the debt claim.

Massive lawsuit in the 'Mechir Lemishtaken' program: 43 apartment buyers against the contractor
43 apartment buyers have recently filed a lawsuit for approximately 1.95 million shekels after their apartments in the 'Mechir Lemishtaken' project in the Galil neighborhood of Nazareth were delivered with a delay of many long months.

Dollar at a Six-Week Low; Japanese Yen Struggles to Maintain Gains
Global currency markets saw quieter trading on Wednesday amid cautious anticipation. The US dollar continues to trade near a six-week low, while the Japanese yen faces sharp fluctuations due to political tensions in the Persian Gulf and upcoming US employment data.

Amdocs earnings per share met analyst forecasts, revenue missed slightly
Amdocs reported overnight a quarterly profit of $1.84 per share and recorded revenue of $1.17 billion. Over the last four quarters, the company has beaten analyst forecasts for earnings per share and revenue three times.

Gad Zeevi returning to Gadot? In talks to acquire the company for $550 million
27 years after selling his holdings, Haifa businessman Gad Zeevi is negotiating the acquisition of the Gadot group, a partner in the Port of Haifa, at a valuation of about $550 million.

Avi Eyal, one of the first investors in Monday: "The layoffs were managed as well as possible"
Avi Eyal, co-founder of Entrée Capital, addressed the recent layoffs at Monday and the compensation request for its CEOs. He emphasized that these steps are essential for the company's survival in the AI era.

Israel will not require Chevron to sell stake in gas reservoirs
The inter-ministerial committee led by Yossi Dayan has decided against changing Chevron's status in Israel's gas market. The move aims to maintain regulatory certainty and avoid forcing the energy giant to divest from its key assets.

Strengthening infrastructure: Manor acquires a stake in Argil Group at a valuation of 300 million shekels
The investment fund Manor Evergreen is acquiring 30% of the shares of Argil Group, which operates in the infrastructure and construction sector. Argil's valuation in the deal stands at 300 million shekels.

"The manpower situation in the industry without Palestinian workers is better - our output has increased by 30%"
The heads of the construction company Omer Handasa welcome the replacement of Palestinian workers with foreign ones, claiming: "The workforce today is more stable and of higher quality." They estimate that the peak of the crisis in the industry is behind us, protest against the authorities' lack of recognition of the industry's difficulties, and state: "When we dealt with state tenders, we did not...

At 26, she manages an investment portfolio and a financial career, and believes in two stocks
When Noam Ashdod received her first pay slip in high school, she discovered her passion for the world of finance. Today, she is a 26-year-old financial planner with a structured investment agenda that includes a lot of patience and zero Bitcoin. And also: 2 Israeli stocks she believes in.

Flagship index makes history: Real estate stocks plummeted and the Tel Aviv Stock Exchange split in two
In the competition between the flagship indices of Tel Aviv, there has been a clear winner over the last decade - the TA-90. However, recently the picture has reversed as an unusual gap has opened in returns between it and the TA-35. The return gaps are also trickling down to a historic change in assets, as over 2 billion shekels have been redeemed from funds tracking the TA-90 index, and for the...

Jamie Dimon: "There is a high chance that someone will shake the market and people will panic"
During an interview with NBC, JPMorgan CEO Jamie Dimon noted that heavy leverage increases the risk that an individual investor or a single fund will trigger wider volatility. "When you have a situation like that, there is a higher chance that someone will shake the market quickly, and people will panic because of it."

Investment giant reveals: the stocks you should buy now
A dramatic review by UBS analyzes the historic surge of the world's leading indices to new highs, and explains why the gains are no longer dependent only on tech giants and how to build your portfolio.

Amdocs Reports $1.175 Billion in Revenue and Reaffirms Annual Guidance
Amdocs has released its financial results for the third quarter of fiscal year 2026, reporting revenue growth and confirming its annual outlook. The managed services sector remains the primary growth driver, achieving record revenues of $791 million.

Osher Ad launches a new hit at a floor price: 39.90 NIS
The chain has started selling a miniature shopping cart designed like the regular carts, allowing children to walk alongside their parents during shopping and enjoy a useful toy that will accompany them at home as well.

Drama on Wall Street: A well-known Israeli stock crashed by more than 30%
The reporting season in New York is hitting local companies, as alongside an unusual collapse of an energy giant, another Israeli stock actually surprised investors and jumped by tens of percent.